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1 Cavvanbah Street, Byron Bay, NSW 2481

1 Cavvanbah Street, Byron Bay, NSW 2481

Other

  • For Sale
  • Contact Agent
  • For Sale

  • Land Area
  • 662.00 m² (approx)
  • Floor Area
  • 204 m²
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Nov 02, 2022
  • Car Spaces
  • 4

Additional Details


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First National Byron -

35 Fletcher Street

Byron Bay NSW 2481

Luxurious Holiday Villas – Beachfront Resort Byron Bay

Located in this prime, north facing beachfront location is Cavvanbah Villas – 4 luxury resort style villas. Approved as holiday accommodation, the property sits on a 662m2 block and is within an easy stroll to Byron Bay's main street and a few steps out the back gate to Main Beach. This is one of the highest yield investment properties you will find anywhere in the area with an approximate 7% NET RETURN.

The 3 deluxe villas and 4th larger villa are freestanding and have access to a private pool and outdoor relaxation areas. Located in a quiet cul-de-sac yet so central to everything the Byron lifestyle has on offer.

With increasing council restrictions of availability of holiday accommodation in Byron, this fully approved tourist facility assures the ability to holiday let 365 days per year. The unique and valuable approval does not require an on-site manager allowing all of the buildings to be income producing. Should you wish to live on-site, this is still permissible under this approval.

The running and management of the Villas have been fine-tuned and very systemised resulting in the operation being very low maintenance requiring very little

1 Cavvanbah Street, Byron Bay, NSW 2481

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